Beleaguered Mannion steps down as Aer Lingus CEO

Dermot Mannion's eventful tenure as Aer Lingus CEO, which featured privatization, two successful defenses against a Ryanair takeover and a reversal in fiscal fortunes leading to a €107.8 million ($145.3 million) loss last year, ended yesterday with his resignation after 3.5 years on the job.
"It has been a privilege. . .to have led the company through a period of profound change," Mannion said in a statement. "My decision to step down will allow a new CEO to bring fresh thinking and ...